Greece issues a warning stating Bitcoin is not protected by the government

Greece, the nation that has experienced a near economic meltdown, has finally broken its silence on the matter of bitcoin (BTC) and other virtual currencies. The central bank pretty much repeated what other financial authorities have iterated before: beware. This week, the Bank of … [Read more...]

Greece to Get 34.3 Billion Euros in Bailout Money

The Eurogroup, a meeting of the finance ministers of all the members of the Eurozone, agreed to doll out 34.3 billion euros to Greece as part of a larger bailout plan that has famously included austerity measures that have met with much resistance. “The disbursement today will allow … [Read more...]